Afcon Holdings Ltd

Tel Aviv Stock Exchange AFHL.TA

Afcon Holdings Ltd Interest Coverage Ratio for the year ending December 31, 2023: 0.99

Afcon Holdings Ltd Interest Coverage Ratio is 0.99 for the year ending December 31, 2023, a 4,107.90% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Afcon Holdings Ltd Interest Coverage Ratio for the year ending December 31, 2022 was -0.02, a -100.88% change year over year.
  • Afcon Holdings Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 2.81, a 107.77% change year over year.
  • Afcon Holdings Ltd Interest Coverage Ratio for the year ending December 31, 2020 was 1.35, a 2,154.75% change year over year.
  • Afcon Holdings Ltd Interest Coverage Ratio for the year ending December 31, 2019 was -0.07, a -102.28% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
Tel Aviv Stock Exchange: AFHL.TA

Afcon Holdings Ltd

Description

Afcon Holdings Ltd engages in the buildings and infrastructure, control and automation, trade, and communication solutions businesses in Israel and internationally. It provides solutions and technologies in the areas of multi-system infrastructure projects, including construction contracting and finishing works; installation of electromechanical systems and electrical systems for industry; manufacture and installation of HV/MV/LV switchgear products for buildings, industry, and infrastructure; natural gas engineering; and the construction and setup of wind farms, photovoltaic fields, and infrastructure facilities. The company also offers control and automation solutions, such as industrial control, building monitoring and management, security solutions, fire protection and safety, parking systems, and remote water metering solutions. In addition, it engages in the design, development, manufacture, marketing, installation, distribution, servicing, and maintenance of unified communications and collaboration systems, including digital IP-based switchboards, communication servers for enterprises, contact/call centers, interfaces for exchanges and smartphones, and business data networks. Further, the company distributes switching and electrical hardware, equipment control and instrumentation, and electronic equipment and packaging solutions. Additionally, it provides cyber and network security, network management, cloud services, and maintenance contracts; and customer engagement solutions. The company serves energy, ports and airports, transportation systems, fuel, gas and water, telecommunications, industry, and defense sectors; and public institutions and organizations, and municipal and government bodies. The company was formerly known as Afcon Industries Group. The company was founded in 1945 and is based in Petah Tikva, Israel. Afcon Holdings Ltd operates as a subsidiary of Shlomo Group.

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StockViz Staff

February 6, 2025

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